With effect from the start of business on Monday 1 August 2011, Marex Financial Limited ("Marex Spectron" or "the firm") will commence trading as a member firm of the London Stock Exchange.
Marex Spectron will act in a principal and agency capacity in UK domestic and international securities. The firm will have access to SETS and the International Order Book (IOB).
Marex Spectron will settle business executed through Member ID MARXGB21RXA through a settlement agreement with Penson Financial Services Limited (Penson). Business executed through Member ID MARXGB21RXF will settle through a Model B agreement also with Penson. Marex Spectron will settle business executed through Member ID MARXGB21ARX through a Model B agreement with Pershing Securities Limited (Pershing).
Firm Code | Member ID | Member Mnemonic | CREST Code | Euroclear Bank Code | DTC Code | Notes |
---|---|---|---|---|---|---|
365 | MARXGB21ARX | MARX | 601 | 17252 | 00443 | SETS, IOB, UK Domestic and International Securities |
383 | MARXGB21RXF | MRXF | CMMAY | UK Domestic Securities | ||
378 | MARXGB21RXA | MRXA | 3KQAQ | 14225 | 2164 | SETS, IOB, UK Domestic and International Securities |